Entergy Corporation (ETR)

Return on assets (ROA)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 1,061,184 1,762,306 1,786,266 2,126,548 2,362,311 1,471,679 1,362,554 1,130,243 1,094,344 1,255,590 1,226,004 1,064,907 1,123,072 1,252,142 1,242,258 1,604,185 1,388,334 1,385,391 1,229,512 1,105,403
Total assets US$ in thousands 64,790,000 64,462,000 62,766,300 61,629,900 59,703,400 60,552,100 59,717,200 59,203,300 58,595,200 58,975,300 57,827,600 59,833,500 59,454,200 58,843,500 55,949,300 58,667,600 58,239,200 56,070,300 53,365,300 52,555,000
ROA 1.64% 2.73% 2.85% 3.45% 3.96% 2.43% 2.28% 1.91% 1.87% 2.13% 2.12% 1.78% 1.89% 2.13% 2.22% 2.73% 2.38% 2.47% 2.30% 2.10%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $1,061,184K ÷ $64,790,000K
= 1.64%

Entergy Corporation's return on assets (ROA) has fluctuated over the past few years, ranging from a low of 1.64% as of December 31, 2024, to a high of 3.96% as of December 31, 2023. The ROA represents the company's ability to generate profit from its assets, with a higher percentage indicating more efficient asset utilization.

The ROA showed a decreasing trend from March 31, 2023, to December 31, 2024, dropping from 3.96% to 1.64%. This downward trend may raise concerns about the company's effectiveness in generating earnings relative to its asset base during the period.

However, it is worth noting that the ROA fluctuated throughout the period, with occasional peaks and troughs, indicating potential volatility in the company's profitability and asset management strategies. Further analysis of the company's financial performance and operational efficiency would be necessary to understand the factors driving these fluctuations in ROA.